---
type: country
domain: crypto-regulation
status: stable
tags: ["crypto-regulation", "caribbean", "cfatf", "crypto_friendly"]
aliases: ["KN", "KNA"]
created: 2026-04-13
updated: 2025-06-01
compile_into: ["[[country--saint-kitts-and-nevis]]"]
sources:
  - name: "FSRC St Kitts and Nevis"
    url: "https://www.fsrc.kn"
    type: "official"
---

# 🇰🇳 [[country--saint-kitts-and-nevis|Saint Kitts and Nevis]] (KN) — Crypto Regulation

> Saint Kitts and Nevis maintains a crypto-friendly regulatory environment with a focus on AML/CFT compliance under the Financial Services Regulatory Commission. The country enforces AML laws aligned with FATF recommendations and actively warns against crypto-related scams.

## Overview

| Field | Value |
|-------|-------|
| Status | crypto_friendly |
| Risk Score | 30/100 (Moderate Risk) |
| Enforcement Level | Low |
| Region | [[domain--caribbean|caribbean]] |
| Currency | [[entity--xcd|XCD]] |

## Tax

| Type | Rate |
|------|------|
| VAT on Crypto | No |

The regulatory page does not provide explicit details on crypto taxation; VAT does not apply to crypto transactions.

## Licensing

| Field | Value |
|-------|-------|
| Required | Yes |
| Regulator | [[entity--fsrc|FSRC]] |
| Framework | Virtual Asset Business Act |
| Ease | medium |
| Cost | $5,000 - $40,000 |
| Timeline | 2-6 months |

Licensing is required under the Virtual Asset Business Act, with regulatory oversight by the Financial Services Regulatory Commission.

## AML / KYC

| Field | Value |
|-------|-------|
| KYC Required | Yes |
| Travel Rule | Yes |
| FATF Member | No |
| FATF Status | fsrb_only |

## DeFi

**Status:** unknown

DeFi activities are currently unregulated with no specific framework in place.

## Stablecoins

**Status:** unknown

No framework.

## NFTs

**Status:** no_rules

No regulation.

## Mining

| Field | Value |
|-------|-------|
| Legal | Yes |
| Electricity Cost | $0.28/kWh |
| Renewable Energy | 10% |
| Climate | tropical |
| Infrastructure | fair |

Mining is legal but electricity costs are relatively high; infrastructure is fair for data centers and internet connectivity.

## Geopolitics

| Field | Value |
|-------|-------|
| Stability | stable |
| Sanctions | No |
| Corruption Index | 45/100 |
| Ease of Business | moderate |
| Internet Freedom | free |
| Banking Access | moderate |

## Enforcement

FSRC oversight.

## CBDC Status: pilot

---

*Data source: [Soken Crypto Legal Map](https://soken.dev/crypto-map/). Last reviewed: 2026-04-13.*

**Sources:**
- [FSRC St Kitts and Nevis](https://www.fsrc.kn)